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"All people, entrepreneurs as well as non-entrepreneurs, look askance upon any profits earned by other people. Envy is a common weakness of men. People are loath to acknowledge the fact that they themselves could have earned profits if they had displayed the same foresight and judgment the successful businessman did."

— Ludwig von Mises
ludwig von mises Quotes Foresight,Successful Business,Judgment

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Ludwig von Mises
Foresight
Successful Business
Judgment
Profit
Envy
Businessman
Successful Businessman
Weakness Of Man

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In expectation of his demise, a successful businessman may sell out to his competitors to prepare his estate with readily marketable securities, such as U.S. Treasury bonds. The confiscatory death tax eliminates many family enterprises and promotes the growth of giant corporations.

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